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Burnside, Kirkoswald, Penrith

North East

£360,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1119 sqft

Description

This sandstone terraced home is situated in the heart of a quaint village, offering generous three-bedroom accommodation and noteworthy investment potential. Accompanying the residence is a large barn/workshop alongside a stone-built garage, both presenting opportunities for development subject to necessary planning approvals. The property includes a narrow driveway leading to a private garden, enhancing its appeal for personal use or further enhancement. Kirkoswald is set against a picturesque rural backdrop characterized by lush hedgerows and stone walls, with nearby woodland enriching the natural charm. The village is bordered by the gentle slopes of the North Pennines to the north and east and features amenities such as a primary school, local shop, and pub. The proximity to St Oswald's Church, parts of which date back to the 12th century, alongside areas of natural conservation along the River Eden, positions this property in a location rich with historical and scenic interest. Inside, the layout comprises an entrance hallway leading to various rooms. The kitchen/diner is equipped with cream gloss cabinetry and plumbing for essential appliances. The living room features dual aspect windows that bathe the space in light and includes a woodburning stove set within a traditional recess. The first floor consists of three bedrooms, each benefiting from natural light through double-glazed windows. The bathroom offers basic facilities but could be modernized to enhance comfort. The workshop encompasses two levels with utilities already connected, providing excellent potential for transformation into additional living space or rental units (subject to planning). A walled garden complements this offering, providing outdoor space that's both functional and inviting. This property represents an opportunity for renovation enthusiasts or investors looking to create value in a desirable location.

Investment Analysis

(CA10 area)

Above Market Value

This property is priced +25.4% above area average per sq ft

+25.4%
This Property
£322/sq ft
Area Average
£256/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£315,664
10% above area average per sq ft
Potential ROI
-23.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CA10)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -3.5%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on CA10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Burnside, Kirkoswald, Penrith
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,319
Based on a loan of £270,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE